Forex Trading Library

GBPUSD 2017-03-16

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British Pound managed to break above 1.2250 where managed to add more bonus toward 1.2300-30 resistance zone which may trigger another drop wave at market

as long as market holding below 1.2300-30 zone another drop toward 1.2080 is expected

above 1.2330 market may add more advance where main resistance laying at 1.2385 which may in turn reverse market to downtrend movement

above 1.2385 more advance toward 1.2550 will be expected

  Support Resistance
Level 1 1.2240 1.2300-30
Level 2 1.2175 1.2385
Level 3 1.2080 1.2500
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